Are you using your credit reports illegally?

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » I’m asking this question to highlight an enforcement action announced by the CFPB yesterday against several companies which, if the allegations are true, blatantly violated several sections of the Fair Credit Reporting Act (FCRA) by obtaining credit reports under false pretenses and passing them around like stewardesses passing  out airline peanuts. I want to highlight the case not only because of its accusations, but because I wanted to provide you an ever so gentle reminder to use your credit reports consistent with the reasons you obtained them in the first place.15 U.S.C. 1681b(f) permits entities to obtain prescreened credit reports provided that the individuals who qualify under the criteria will receive a firm offer of credit. A “firm offer” is an offer that will be honored subject to certain exceptions. The bottom line is that credit reports are not to be used simply to facilitate marketing, but are instead to be used for legitimate underwriting purposes.The lawsuit that the CFPB announced yesterday is against several companies, ranging from a mortgage broker to a student loan debt consolidator to a mortgage lender that apparent did not get this memo. For instance, Monster Loans obtained prescreened lists from Experian, ostensibly to offer mortgage loans. There would, of course, be nothing wrong with this if that was all that Monster Loans used these lists for. However, Monster Loans subsequently distributed these lists to third parties, including an entity that specialized in student loan debt consolidation.last_img read more

Salisbury home more than just “belt and braces”

first_imgThe house at 72 Blackwood Rd, Salisbury, is for sale.Enjoying a meal under the void in his open-plan kitchen, living and dining room is one of Nigel Johnson’s favourite places to be.Mr Johnson and his partner Patricia Vernyik bought the block of land at 72 Blackwood Rd, Salisbury, in 2014, and took a couple of years playing with the design of what they would eventually build there.The kitchen is modern and flows outside.“We wanted to do something that was a bit different to the belt and braces four bedroom home with nothing particularly unique about it,” Mr Johnson said.“One day we were talking to someone from Valeco Homes and showed them our layout, and they had something remarkably similar but better.”A void above the dining area helps downstairs communicate with upstairs.More from newsParks and wildlife the new lust-haves post coronavirus13 hours agoNoosa’s best beachfront penthouse is about to hit the market13 hours agoThe main living space is open plan.The rest is history, with the couple building with Valeco Homes and moving into their two-storey modern abode in early 2016.“We wanted to get all of the living areas flowing together, and have the alfresco as part of the living area,” Mr Johnson said.“We did that by enclosing it but you still get good breezes.“By introducing the void it made quite a big impact, and made the space dynamic.“Now, upstairs communicates with downstairs and you typically don’t get that.”The master bedroom is large and has an ensuite.The house is on a wide leafy street, located near Salisbury State School, shops and public transport.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51last_img read more

Spurs bid for wonderkid, Pellegrini latest, Chelsea’s January targets revealed?

first_img TOP WORK Man United joined by three other clubs in race for Erling Haaland Zidane has already drawn up a list of targets he wants to sign for Man United Cavani ‘agrees’ to join new club and will complete free transfer next summer Tottenham’s bid for Frenkie de Jong, the Netherlands midfielder, has been rejected by Ajax. The £44.7million offer was turned down with Ajax making it clear De Jong is not for sale. (Mundo Deportivo)Chelsea are plotting to sign defenders Alessio Romagnoli and Mattia Caldara, of AC Milan, in January. Maurizio Sarri failed to bring a new centre-half to Stamford Bridge over the summer. (Mail)Manuel Pellegrini has been backed by West Ham despite the club’s winless start to the season. (Sun) Tony Cascarino backs Everton to sign two strikers for Carlo Ancelotti We round up all the biggest transfer news and gossip from Monday’s papers and online… Man United were looking at a potential deal for Matuidi Liverpool’s signings under Michael Edwards – will Minamino be the next big hit? 3 REVEALED The biggest market value losers in 2019, including Bale and ex-Liverpool star Luke Shaw is yet to agree a new contract with Manchester United despite his existing deal expiring at the end of the season. Tottenham are interested in the left-back, who recently returned to the England fold after a strong start to the season. (Sun)John Terry will NOT be able to play against Steven Gerrard’s Rangers should he sign for Spartak Moscow, as the Europa League squad registration window has closed. (Mirror)Premier League clubs will attempt to push the closing date for the summer transfer window back to it’s original date of August 31, with the early closure this year branded a ‘disaster’ by powerbrokers. (Sun)And here are the top stories…EXCLUSIVE: Peter Crouch speaks about difficulty playing for Rafa Benitez at LiverpoolEXCLUSIVE: Emile Heskey slams David De Gea for ‘feigning an injury’ during Spain’s defeat of EnglandKieran Trippier insists there is no need to panic over England’s poor formZinedine Zidane wants Thiago, Toni Kroos, James Rodriguez and Edinson Cavani if he replaces Jose Mourinho as Manchester United’s manager IN DEMAND 3 LATEST Top nine Premier League free transfers of the decade targets Where every Premier League club needs to strengthen in January moving on RANKED Former Aston Villa forward Gabby Agbonlahor, 31, has revealed he would love to play for Celtic. (Scottish Sun)Manchester United were interested in signing Blaise Matuidi, the Juventus and France midfielder, over the summer. (Calciomercato) three-way race Latest transfer news targets Kevin De Bruyne ‘loves Man City and wants to keep winning’, reveals father Arsenal transfer news LIVE: Ndidi bid, targets named, Ozil is ‘skiving little git’ Chelsea confident of beating Man United and Liverpool to Sancho signing 3 LIVING THE DREAM However, former United great Eric Cantona thinks Pep Guardiola should get the Old Trafford jobHere’s how Man United could line-up if Zidane is appointed and he brings in the four signings he wants to completeJadon Sancho has been tipped to become England’s Neymar by a former youth team coachNicklas Bendtner arrested and charge on suspicion of assualting a taxi driver, who suffered a broken jawlast_img read more